I look at how the news about the spread of the coronovirus are cracking the global economic machine. Some may argue that the number of people effected is still low -- but that misses the entire point. The shock of a global pandemic has revealed weakness in the financial machine, sending the stock markets falling 10% year-to-date. Gross domestic product growth is expected to slow by billions of dollars, governments and central banks are unable to implement policy to compensate with rates at historic lows and borrowing at historic highs, public market valuations will tumble arithmetically, and private Fintech companies will lose a path to exit. At least that's what the conspiracy theorists want you to think!
This week, we look at what positive innovations could arise from the pressure cooker of the pandemic. I touch on health care data and privacy, molecular technology, digital work- and play-spaces, and their financial implications. Channeled productively, the next decade could see advances in these fields that we can't yet imagine.